Treasury Senior Associate

Job Posting Organization:
The Finance Group (FG) is a critical and strategic business function within UNOPS, established to serve as an authoritative and integrated partner in the organization. FG focuses on strategic financial planning and budgeting, business strategy and practices, analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis and risk assessment, financial management services, and long-term organizational treasury and investments. As a self-financing UN entity, FG is responsible for ensuring timely cost recovery and reporting to partners, maintaining the integrity and transparency of financial management in accordance with the highest standards of ethics and organizational/international accountability frameworks. The organization emphasizes accurate and transparent financial reporting to governing bodies, clients, partners, and stakeholders, ensuring that resources are managed effectively and ethically across its operations.

Job Overview:
The Treasury Senior Associate plays a pivotal role in supporting the management of UNOPS Global Banking platform, global cash management operations, liquidity planning, and field-based cash management solutions. Reporting to the Finance Specialist – Treasury & Banking, the role holder is expected to engage in various functions that include banking and cash management, liquidity and foreign exchange management, treasury systems and tools, and knowledge management and innovation. The position requires a proactive approach to improve cash flow forecasting processes, establish and maintain bank accounts, and manage daily funding operations. The Treasury Senior Associate will also be responsible for contributing to the development and introduction of innovative financial services practices, ensuring that UNOPS remains at the forefront of best practices in treasury management.

Duties and Responsibilities:
The duties and responsibilities of the Treasury Senior Associate include supporting daily, weekly, monthly, and quarterly cash positioning and liquidity planning across UNOPS global bank accounts in all currencies. The role involves assisting in the cash flow forecasting process for corporate and field accounts, establishing and maintaining UNOPS bank accounts, managing signatory panels, and ensuring the reconciliation and attribution of banking fees. The associate will also process foreign currency funding trades, prepare monthly Treasury Operations Dashboard reports, contribute to year-end financial statements, and manage month and quarter-end treasury processes. Additionally, the role includes implementing systems and tools within UNOPS Treasury systems, supporting banking and cash management functionality, and contributing to knowledge management initiatives to share best practices and lessons learned.

Required Qualifications:
Candidates must possess a minimum of 7 years of progressively responsible experience in treasury, banking, and cash management, with a strong focus on cash flow forecasting, liquidity management, and payments. Experience with Treasury technology, including trading platforms and payment connections, is highly advantageous. Exposure to treasury operations in fragile contexts and developing/frontier markets is considered a strong asset. Furthermore, appropriate professional accreditation or qualification in Treasury is highly desirable, and membership in an internationally recognized Treasury body would be an advantage. Knowledge of TMS, particularly with the current provider Kyriba, is also beneficial.

Educational Background:
Completion of secondary education is required, while an undergraduate or graduate university degree in finance, business, or a related field is highly desired and may substitute for some years of experience. Candidates with professional accreditation in Treasury or membership in recognized Treasury bodies will have an advantage. Knowledge of Treasury Management Systems (TMS) is also a plus, particularly with the current provider Kyriba.

Experience:
The position requires a minimum of 7 years of progressively responsible experience in treasury, banking, and cash management. Candidates should have a strong focus on cash flow forecasting, liquidity management, and payments. Experience with Treasury technology, including trading platforms and payment connections, is a key advantage. Additionally, exposure to treasury operations in fragile contexts and developing/frontier markets is considered a strong asset.

Languages:
Full working knowledge of English is mandatory. Knowledge of another official UN language is considered an asset, enhancing the candidate's profile for the position.

Additional Notes:
The contract type for this position is a Local Individual Contractor Agreement at the LICA 7 level, with an open-ended duration subject to organizational requirements, availability of funds, and satisfactory performance. This vacancy is for a full-time position, but UNOPS may also use the results of this recruitment process to offer short-term or retainer contracts based on business needs. UNOPS officials in Denmark are exempt from taxation on salaries and emoluments, and the position is open to all nationalities, provided candidates can relocate to or currently reside in Denmark. UNOPS emphasizes diversity and encourages applications from qualified women and candidates from underrepresented groups. Background checks are conducted on all potential personnel, and recruitment is contingent on the results of these checks.